Dow Polyurethanes, a business group within The Dow Chemical Company and its affiliates including Dow Europe GmbH, will increase prices in the Middle East, Africa and the Indian Subcontinent for its polyurethanes raw materials. Prices for Toluene Diisocyanate (TDI) will increase by US$200/mt and prices for Polyols by US$100/mt.
"The continuing rise of feedstock and energy costs has a big impact on our margins, which have become unsustainable," says Sudhir Shenoy, Product Manager for Europe, Middle East, Africa and India. Dow Polyurethanes is one of the world's largest producers of propylene oxide (PO), polyether polyols, and is a leading producer of quality aromatic isocyanates, such as MDI and TDI, an essential component of polyether polyols.